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Michael Bloomberg

July

Donald Trump at a rally on Saturday evening (Sunday AEST). His felony conviction has been great for his fundraising efforts.

Trump raised more money than Biden in second quarter

Trump had been far behind Mr Biden in dollars raised until a New York jury found him guilty on 34 counts of falsifying business records to cover up a hush money payment to a porn star.

  • Eva Xiao, Sam Learner and Alex Rogers

June

Warren Buffett donates record $8b in shares to charity

Warren Buffett has made his biggest annual donation since he began making them in 2006.

  • Jonathan Stempel

March

Donald Trump hugs and kisses the American flag at the Conservative Political Action Conference.

Why no one will lend to cash-poor Trump

The Republican candidate’s financial difficulties pose risks for America as well as for himself.

  • Edward Luce

February

McKinsey chief Bob Sternfels seeks to take the consultancy into its 100th year.

McKinsey houses deep doubts after Bob Sternfels’ re-election

The managing partner’s narrow win last week has put the elite consulting firm in a soul-searching mood as the company has grown.

  • Stephen Foley

November 2023

Henry Kissinger, former US secretary of state, holds the Bavarian Order of Maximilian during celebrations marking his 100th birthday.

Henry Kissinger: a diplomat both admired and vilified

Historians and friends hailed Henry Kissinger’s diplomatic achievements, while critics assailed his policies in Vietnam and elsewhere as murderous.

  • Michael D. Shear
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September 2023

Ukrainian President Volodymyr Zelensky attends a high-level UN Security Council meeting.

Why Ken Griffin and Bill Ackman held secret talks at the UN

US financial leaders met in private with Volodymyr Zelensky at the United Nations General Assembly for talks on private-sector funds to rebuild Ukraine.

  • Katherine Burton

December 2022

Mark Carney has tried to reassure investors amid concerns that they faced growing legal risks for appearing to avoid carbon-intensive sectors.

Vanguard quits climate alliance in blow to net-zero project

The world’s second-largest asset manager after BlackRock says leaving the alliance will provide clarity for its investors.

  • Frances Schwartzkopff and Alastair Marsh

April 2022

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Musk’s Twitter deal might fail, but not on antitrust grounds

It’s obvious to even the most novice of antitrust lawyers that the deal won’t be rejected on a market power basis, but that hasn’t stopped Washington’s left-leaning media and politicians.

  • Updated
  • Matthew Cranston

December 2021

Clouds of smoke spew from Europe’s largest brown coal power plant in Belchatow, central Poland.

Pimco, Fidelity shun net zero alliance embraced by BlackRock

A group of Wall Street giants has decided to sit out one of the industry’s biggest coalitions: the Glasgow Financial Alliance for Net Zero.

  • Updated
  • Alastair Marsh and Silla Brush

November 2021

Mark Carney

Carney-led finance coalition has up to $US130trn committed to net zero

The Glasgow Financial Alliance for Net Zero (GFANZ) said it could deliver as much as $US100 trillion of financing to help economies transition to net zero over the next three decades.

  • Updated
  • Owen Walker and Camilla Hodgson

October 2021

Alok Sharma has set a target for the Glasgow summit to “consign coal to history”.

Energy crisis creates fears for climate conference goal

Government officials are concerned the squeeze in energy markets, surging prices and resurgence of coal will cast a shadow over efforts to curb carbon emissions.

  • Jessica Shankleman and Chiara Albanese

September 2021

Billionaire Bill Gates has joined a race among business titans to scale clean tech.

Gates raises $US1b for race to scale clean tech

The Catalyst projects aim to show that clean technology can be cost-competitive at scale and eliminate the “green premium” over conventional standards.

  • Erik Schatzker and Akshat Rathi
Macquarie CEO Shemara Wikramanayake.

Wikramanayake to lead billion-dollar push for green energy in India

Macquarie chief executive Shemara Wikramanayake has been appointed co-chairman of new initiative CFLI India.

  • Rajesh Kumar Singh

June 2021

Warren Buffett, the CEO of Berkshire Hathaway, has long said publicly that the tax code should hit the rich harder.

Wealthiest US executives paid little to no federal income taxes

Much of the wealth that the rich accrue – like shares in companies they run – is not considered ‘taxable income’ unless assets are sold and a gain is realised.

  • Alan Rappeport

October 2020

Joe Biden has said that, if elected, he would be a transitional president who acts as a bridge to a younger generation of leaders.

Biden needs an economic team that's less focused on Wall St

Mounting data shows just how separated financial markets have become from Main Street. Addressing that separation requires a rethink in policy across nearly every area of government.

  • Rana Foroohar
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September 2020

 Bloomberg advisers say he has  been  waiting to deploy potential future donations when  they might be most effective.

Bloomberg says he will spend $US100m in Florida to help Biden

The pledge comes as polls show a tight race between Joe Biden and President Donald Trump in Florida, a key battleground state that carries 29 electoral votes.

  • Rebecca Ruiz

August 2020

"The choice could not be more clear," says Joe Biden.

'Failed his basic duty': Biden throws down gauntlet to Trump

Joe Biden delivered a withering assessment of Donald Trump's presidency as he accepted the Democratic nomination and vowed to lead America out of a "season of darkness". Read our blog covering the final day of the party's convention here.

  • Jacob Greber and Rohan Sullivan

May 2020

State Department Inspector General Steve Linick is the latest watchdog to be fired by Donald Trump.

Trump's firing of watchdogs must be checked

Senate Republicans should join with House Democrats in holding hearings that probe why the President fired four inspectors-general over the past two months.

  • Michael R. Bloomberg

March 2020

Emergency measures. Fed Chairman Jerome Powell.

Powell fires bazooka, admits pandemic's economic fallout 'unknowable'

The Fed chairman, after using up pretty much all of his conventional monetary policy firepower to prevent another 2008 credit meltdown, said it was "very hard to say how big the effects will be or how long they will last".

  • Updated
  • Jacob Greber
Joe Biden. The shift in political momentum has redefined the Democratic race at breakneck speed.

Bloomberg endorses Biden as Sanders laments young voter apathy

Michael Bloomberg dropped out of the presidential race and backed Joe Biden as Senator Bernie Sanders of Vermont vowed to wage a long battle for the nomination.

  • Alexander Burns and Rebecca R. Ruiz

Original URL: https://www.afr.com/person/michael-bloomberg-4cj